And that kind of advance is more than enough to offset any concern Cramer may have entertained due to strength in pharma and utilities.

"As an investor you must be a keen observer of stocks," he added. "They reflect the value of their underlying enterprises and in these cases that value is increasing."

Milan Zeremski | E+ | Getty Images

In fact, as the market flirts with all-time highs, Cramer thinks real estate investment trusts may be an ideal place to put money to work – here and now.

First there are dividends, "The industry paid out $29 billion in dividends last year," Cramer said.

Also the low interest rate environment benefits these companies. "They have been able to refinance taking advantage of Ben Bernanke's largesse," he added.

And finally Cramer thinks the chase for yield will benefit these stocks. "They have harnessed what people want, a stable and growing dividend stream attached to a consistent and increasing stream of revenues. I think they offer one of the best risk reward dynamics in the market today."